Growth continues at Urmas Sõõrumaa’s companies

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Sales revenue of Urmas Sõõrumaa’s investment company U.S.Invest grew to €16 million and that of Forus Group to €39.2 million last year.

Sales revenue of Sõõrumaa’s U.S.Invest grew from €13.8 million to €16 million, profit from €2.2 million to €16.8 million.

The company’s activities were affected by the coronavirus and the war in Ukraine that has caused buying in prices to skyrocket, which is holding real estate development back.

Read more: ERR.EE